# JEPLAN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jeplan

- Industry: Environmental Services
- Headquarters: Kawasaki-shi, Japan
- Website: www.jeplan.co.jp
- Total disclosed funding: $48M
- Latest round: Series D (Sep 7, 2022)
- Investors on record: 22

## About

Established in 2007 and based in Kawasaki, Japan, JEPLAN, INC. engages in the recycling of PET materials and clothing. The company uses BRING™, which is a brand of chemical recycling technology to selectively extract the intermediate BHET (Bis(2-Hydroxyethyl) terephthalate) from PET, the material used to make PET bottles and polyester fabric. 

The company is then able to recover high-purity monomers in order to manufacture recycled PET resin that meets strict bottle-grade quality standards on an industrial scale. The major benefit of this technology is that impurities can be removed via a chemical process so the material quality does not deteriorate even after repeated recycling, and recycled PET resin can be produced with a quality that is equivalent to virgin PET resin derived from petrochemicals. In addition, the process allows for the complete recirculation of resource materials. 

The company was established in 2007 and started consulting business related to uniform recycling and started technological development related to cotton fiber recycling in collaboration with Osaka University. In 2008, the company developed recycling technology to produce bioethanol from cotton fiber through joint research with Osaka University. In 2009, started operation of a bench-scale plant that produces bioethanol from cotton fiber. In 2010, it completed and started the operation of an E-waste recycling bench-scale plant for mobile phones, etc. 
 
BRING™ is a project to recycle clothing and textile products. JEPLAN collects secondhand clothing at retail stores and the company converts polyester fibers into recycled polyester raw materials as a base to create new clothing.

"BRING PLA-PLUS" acts as a community platform for businesses handling plastic products.
Using the know-how cultivated through the operation of plastic recycling as a project of the Ministry of the Environment and the operation of the clothing recycling project promoted by JEPLAN, the platform shares information involving the circulation of plastic products, efficient collection, recycling, and reuse solutions. JEPLAN also provides support for business matching between plastic resource dischargers and recycled resource utilization companies.

## Funding rounds

- Series D, Sep 7, 2022, $17M — Dai-ichi Life Insurance, Tokio Marine and Nichido Fire Insurance, Shizuoka Capital, Rakuten Capital, Baillie Gifford, MPower Partners, Goldwin Venture Partners
- Series C, Feb 1, 2022, $31M — SMBC Venture Capital, SNB Capital, Takashimaya, UntroD Capital, Yokogawa Electric Corporation, Hibishin Capital, QB Capital, Toyoshima, Sojitz Corporation, KISCO, JINS HOLDINGS, LIFULL Investment, KYUDENKO Corporation((ex-Kyudenko Corporation)), TVQ Kyushu Broadcasting., Ltd, Nomura Office Co., Ltd

## Investors

- SMBC Venture Capital (https://capitalatlas.ai/funds/smbc-venture-capital) — Series C
- SNB Capital (https://capitalatlas.ai/funds/snb-capital) — Series C
- Takashimaya — Series C
- UntroD Capital — Series C
- Yokogawa Electric Corporation — Series C
- Hibishin Capital (https://capitalatlas.ai/funds/hibishin-capital) — Series C
- QB Capital (https://capitalatlas.ai/funds/qb-capital) — Series C
- Toyoshima — Series C
- Sojitz Corporation — Series C
- KISCO — Series C
- JINS HOLDINGS — Series C
- LIFULL Investment — Series C
- KYUDENKO Corporation((ex-Kyudenko Corporation)) — Series C
- TVQ Kyushu Broadcasting., Ltd — Series C
- Nomura Office Co., Ltd — Series C
- Dai-ichi Life Insurance — Series D
- Tokio Marine and Nichido Fire Insurance — Series D
- Shizuoka Capital (https://capitalatlas.ai/funds/shizuoka-capital) — Series D
- Rakuten Capital (https://capitalatlas.ai/funds/rakuten-capital) — Series D
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series D
- MPower Partners — Series D
- Goldwin Venture Partners (https://capitalatlas.ai/funds/goldwin-venture-partners) — Series D